Core Viewpoint - Shanghai Petrochemical is expected to report a significant net loss for the year 2025, primarily due to declining international crude oil prices, weak product demand, and a major maintenance shutdown in the fourth quarter [2][3]. Trading Information Summary - On January 19, 2026, Shanghai Petrochemical's stock closed at 2.94 yuan, up 3.16%, with a turnover rate of 1.02%, a trading volume of 747,200 shares, and a transaction value of 217 million yuan [1]. - The net inflow of main funds was 8.95 million yuan, accounting for 4.12% of the total transaction value, while retail investors saw a net inflow of 6.17 million yuan, representing 2.84% of the total [1]. Earnings Disclosure Highlights - The company forecasts a net loss attributable to shareholders of 12.89 billion to 15.76 billion yuan for 2025, with a non-recurring loss of 12.80 billion to 15.64 billion yuan [2][3]. - The previous year's net profit was 3.165 billion yuan, indicating a significant downturn in financial performance [2]. Company Announcement Summary - The anticipated losses are attributed to several factors: the downturn in international crude oil prices, weak market demand for products, and a reduction in total commodity output due to a major maintenance shutdown in the fourth quarter [2][3]. - The company also disclosed key operational data for 2025, including production and sales figures for various refined and chemical products, along with average price changes for major products and raw materials [2].